Trump slashes 'exorbitant' pay for Defense contractor execs as production too 'slow'
President Donald Trump said he was slashing the salaries of defense contractor CEOs until they speed up equipment production.
In a Wednesday post on Truth Social, the president seemed to express an insatiable demand for military equipment. The post came just hours after immigration agents in his administration shot a woman to death in Minnesota.
"Defense Contractors are currently issuing massive Dividends to their Shareholders and massive Stock Buybacks, at the expense and detriment of investing in Plants and Equipment.